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Stocks struggle with focus on earnings

BLOOMBERG European stocks and US equity futures struggled for direction as traders weighed the latest corporate earnings reports at the start of a week packed with economic data that may help illuminate the path for interest rates. The Stoxx Europe 600 was little changed, with energy companies leading declines as crude prices extended last week’s slump. Banks gained, with UBS ...

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Ethmar International Holding, EFG Hermes conclude strategic partnership deal

 DUBAI / GULF TIME Ethmar International Holding (EIH) signed a strategic partnership agreement with EFG Hermes, as part of the preparations for listing EIH as a joint stock company in the UAE stock market. The partnership agreement, whereby EFG Hermes will act as a strategic partner during the private offering process, represents a new milestone in the track record and ...

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UAE President exchanges Eid Al Fitr greetings with Mauritanian President, Iraqi Prime Minister, Grand Imam of Al-Azhar

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan exchanged, over the phone, Eid Al Fitr greetings with Mohamed Ould Ghazouani, President of Mauritania; Mohammed Shiaa’ Al Sudani, Prime Minister of the Republic of Iraq; and His Eminence Dr Ahmed el-Tayeb, the Grand Imam of Al-Azhar. During the calls, they prayed to God to bestow His ...

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